FLJP News and Press, Franklin FTSE Japan From 05/16/24

2024-05-16 08:00:00 ET Summary Managers are increasingly focusing on sectors beyond tech that could benefit from the rise in AI in the short term. These include healthcare and consumer companies, which also have more attractive valuations. Globally, managers anticipate an increase...

2024-05-14 06:55:00 ET Summary The tone in the foreign exchange market today is mostly consolidative. The US is set to announce a new set of tariffs on a wide range of Chinese goods later today. The longest rally in Europe's Stoxx 600 since October-November 2021 is being chall...

2024-05-13 10:40:00 ET Summary A weak yen is unlikely to end the positive momentum in Japanese equities. The drivers of the recent rally remain, so we stay overweight Japanese stocks. The S&P 500 neared its 2024 highs last week, supported by strong Q1 earnings. In Japan, autho...

2024-05-12 02:59:47 ET Summary The Franklin FTSE Japan ETF is mostly value-weighted and has an overweight position in consumer discretionary and IT sectors. The Yen is weak, which is generally good for the FLJP, but it could derail the Japanese consumer, which matters for policy a...

2024-05-08 07:40:00 ET Summary Sweden's Riksbank became the second G10 central bank to cut rates this year. June WTI is straddling the $77 area, its lowest level since mid-March. The market pushed the dollar higher and challenged Japan's efforts on the yen. Overvie...

2024-05-08 01:35:00 ET Summary At 50.3, the Global Manufacturing PMI, sponsored by JPMorgan and compiled by S&P Global Market Intelligence, remained above the 50.0 neutral mark. Despite the cooling in the rate of improvement, the latest data signal an ongoing steadying of the ...

2024-05-04 05:00:00 ET Summary The Japanese currency had weakened back to 157.94 by Wednesday, before a second round of intervention pushed the dollar/yen down to 153. The Nasdaq 100 traded up to 17,800 in Monday trading - then dropped 2.9% to Wednesday morning lows. Any pushb...

2024-05-01 12:00:00 ET Summary Stronger-than-anticipated economic data released during the first quarter led to a significant downward shift in market expectations for 2024 rate cuts. While equity markets were mostly unfazed by this change in expectations, fixed income markets exp...

2024-05-01 07:04:00 ET Stock Traders Daily has produced this trading report using a proprietary method.  This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...

2024-04-30 15:40:00 ET Summary March activity data was a mixed bag in Japan. Weak manufacturing weighed on growth in the first quarter of the year. We think that consumption is likely to improve on the back of a healthy labour market. By Min Joo Kang ...